{"data":{"id":"us-mi/mich.-comp.-laws-500.4454","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.4454","heading":"Readjustment of premium rate; optional provisions.","body":"Sec. 4454.\n\nAny group life insurance policy may provide for a readjustment of the rate based on experience at the end of the first year or any subsequent year of insurance, which readjustment may be made retroactive for such policy year only.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-4454","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"4c17e06aaf0ea9bd04b6d05f18a3fcb4f174e9ab0cd3c61d211d28528905a16b","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.4450","next":"us-mi/mich.-comp.-laws-500.4501"},"notice":"GroundRules: Original legal text. Not legal advice."}